Europe Construction Aggreate Market Research Report Forecast to 2027

Europe Construction Aggreate Market Research Report Forecast to 2027

Market Overview

The Europe construction aggregate market is rapidly growing due to rising investments in smart city projects and an increase in residential construction projects. However, the regional market's growth is likely hampered by the heavy pollution created during aggregate production. On the other hand, the use of recycled construction aggregates from demolition waste in structural concrete is likely to present a growth opportunity for the players in the European market.

The Europe construction aggregate market is projected to grow at 3.6% CAGR during the forecast period, 2018–2027. Construction aggregates or aggregates are granular materials used in construction including crushed stones, gravel, sand, M-sand, and other aggregate materials. Furthermore, aggregates are a component of composite materials such as concrete and asphalt—the aggregate serves as reinforcement to add strength to the overall composite material.

In addition, the construction aggregate market is expected to see lucrative opportunities in various applications such as residential, commercial, industrial, and infrastructure owing to government initiatives focusing on the development of various infrastructure projects to benefit the development of the economy, which is the significant opportunity for the rise in the utilization of construction aggregates.

The Europe construction aggregate market is rapidly growing due to rising investments in smart city projects and an increase in residential property construction projects. However, the regional market's growth is likely hampered by the high amount of pollution created during aggregate production. On the other hand, the use of recycled construction aggregates from demolition waste in structural concrete is likely to present a growth opportunity for the players in the European market.

Market Segmentation

The Europe construction aggregate market has been segmented based on material, application, and country. Based on material, the Europe construction aggregate market has been segmented into crushed stones, gravel, sand, M-sand, and others. The crushed stones segment is expected to grow at 2.5% during the forecast period. In 2020, the segment of crushed stone held a share of 46.4% of the Europe construction aggregate market.

Based on application, the Europe construction aggregate market has been segmented into residential, commercial, industrial, and infrastructure. The industrial segment is expected to grow at 2.3% during the forecast period. In 2020, the industrial segment held a 38.2% share of the Europe construction aggregate market.

Based on country, the Europe construction aggregate market has been segmented into Germany, France, the UK, Spain, Italy, Belgium, and the Rest of Europe. The Rest of Europe is expected to grow at 2.1% during the forecast period. In 2020, the rest of the Europe segment held a 32.6% share of the Europe construction aggregate market.

Major Players

LSR Group, HeidelbergCement AG, CEMEX, S.A.B. de C.V., Holcim AG, CRH PLC, and Knauf are the major players operating in the Europe Construction Aggreate Market.

COVID 19 Impacts

We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.Companies Mentioned

LSR Group
HeidelbergCement AG
CEMEX
S.A.B. de C.V.
Holcim AG
CRH PLC
and Knauf

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